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To: Lizzie Tudor who wrote (144742)8/5/2002 1:00:30 PM
From: GST  Read Replies (2) | Respond to of 164684
 
Liz -- perhaps it is the world you live it -- but I think there is a large cross-section of the population that will look at the statements and feel disgusted. They pumped money into the market for the past five years and are right back where they started. The economy is soft, there is war on the horizon, brokers are "scum", CEOs are going to jail -- I do think people will look at this and ask themselves "can I afford to ignore this mess any longer? Why am I in the market?" Who is going to tell them to stay? The same sleaze balls who told them to buy amzn?



To: Lizzie Tudor who wrote (144742)8/5/2002 11:11:55 PM
From: Victor Lazlo  Respond to of 164684
 
Lizzie, you clearly underestimate how many retirment investors, your "average people," were and remained in money market and bond funds throughout the 1990's and right up to this evening.

methinks you've been watching too many hysterical news reporters hype the dummies at Enron who bet thier retirments on their corrupt bosses, and you're extrapolating that to all mom and pop retirment investors.

So contrary to your misunderstanding, the vast majority will be fine, thanks! If you get beyond the software pimps and the SV jetset, you'll discover I'm correct.
Victor